NOT LISTED FOR SALE

1307 Patterson St Morehead City, NC 28557

Estimated Value: $1,923,000 - $3,176,000

6 Beds
6 Baths
3,947 Sq Ft
$642/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $1,780,888 $451 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $14,741/month

36 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Home fronts a sound
  • Morehead City Primary School Rated A-
  • Boat Lift
  • 4-minute walk to Shevans Park

About This Home

As of October 2019

PROMISE LAND WATERFRONT RETREAT! Unbelievable soundfront opportunity located in the ''heart'' of the Morehead City downtown community. Thoughtfully designed floor plan (see documents) features open and airy living spaces with incredible waterviews, wood-burning fireplace in the living area for cozy nights gazing out at Bogue Sound. Suite bedrooms with private baths on both levels for a total of 6 bedrooms and 6 full baths! Outdoor spaces for entertaining and relaxing with open and covered decking. Bulkheaded soundfront lot with a new pier, dock, canopy, 2 boatlifts -- easy access to Bogue Sound, the ICW, sport fishing and recreational waters. This neighborhood offers several public parks, playground areas, tennis courts and a public boat ramp, as well as, walking/biking distance to shopping and restaurants.

Last Agent to Sell the Property

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 08/27/2019

Keller Williams Crystal Coast

Last Buyer's Agent

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 08/27/2019

Keller Williams Crystal Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,746

Year Built

  • Built in 1992

Lot Details

  • 8,973 Sq Ft Lot
  • Home fronts a sound
  • Open Lot

Parking

  • 1 Car Attached Garage

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,947 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms
  • Walk-in Shower

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 6386.18.40.7201000

Community Details

Overview

  • No Home Owners Association
  • The Promise Land Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,746

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1992
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 9Ft+ Ceilings, Walk-in Shower, Foyer, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 487.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Bedrooms: 6
  • Sq Ft Heated: 3947.00
  • Total Heated Primary Separate Sq Ft: 3947.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Block
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Picnic Area, Tennis Court(s), Street Lights, Sidewalk, Restaurant, Ramp, Playground, Boat Slip - Not Assigned, Boat Dock

Lot Info

  • Deed Page: 121.00
  • Lot Acres: 0.21
  • Lot Description: Open
  • Lot Dimensions: Survey under documents
  • Lot Sq Ft: 8973.00
  • Lot Water Features: Boat Dock, Sound Side, Bulkhead, Boat Lift
  • Zoning: Residential
  • Lot View Type: ICW View, Water View, Sound View

Tax Info

  • Tax Identifier: 6386.18.40.7201000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 4754.00
  • Total Real Estate Property Taxes: 8746.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Pusateri Thomas John and Pusateri Pamela Ross
Bought by
Abt Patterson Street Llc
Current Estimated Value
$2,535,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,775
Outstanding Balance
$1,392,505
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,142,826

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 29, 2019
Sold by
Murray John Joseph and Murray Elisabeth D
Bought by
Pusateri Thomas John and Pusateri Pamela Ross
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$1,999,000
Sold Price
$1,780,888
Premium/Discount to List
-$218,112
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
May 27, 2004

Purchase Details

Closed on
Jun 25, 2003
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abt Patterson Street Llc $1,725,000 None Available
Abi Patterson Street Llc $1,725,000 Whatey Debra
Pusateri Thomas John $1,781,000 None Available
-- $1,596,000 --
-- $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abi Patterson Street Llc $1,550,775
Closed Abi Patterson Street Llc $1,550,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $1,780,888 -10.9% $451 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $1,999,000 -- $506 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,854 $2,952,606 $1,522,490 $1,430,116
2024 $9,592 $1,265,884 $1,053,000 $212,884
2023 $4,319 $1,265,884 $1,053,000 $212,884
2022 $4,192 $1,265,884 $1,053,000 $212,884
2021 $4,618 $1,394,966 $1,053,000 $341,966
2020 $4,618 $1,394,966 $1,053,000 $341,966
2019 $3,893 $1,250,970 $892,320 $358,650
2017 $3,893 $1,250,970 $892,320 $358,650
2016 $3,893 $1,250,970 $892,320 $358,650
2015 $3,855 $1,250,970 $892,320 $358,650
2014 $3,952 $1,280,674 $815,100 $465,574
Source: Public Records

Agents Affiliated with this Home

  • Mary Cheatham King

    Seller's Agent in 2019

    Mary Cheatham King

    Keller Williams Crystal Coast

    (252) 808-5596

    351 in this area

    1,315 Total Sales

    Mary Cheatham King
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Map

Source: Hive MLS

MLS Number: 100182101

Hive MLS

APN: 6386.18.40.7201000

North Carolina Carteret County Morehead City 28557

1307 Patterson St, Morehead City, NC

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